Relation between loan amount and tax deduction
Relation between loan amount and tax deduction Housing loans are helpful in many ways. They help in improving the credit score, providing funds to invest more, growth of the borrower, and tax benefits. A home buyer can get many benefits from a home loan, From the increased investing ability to tax deductions as per section […]
How to claim housing loan interest in income tax return?
How to claim housing loan interest in income tax return? Housing loans are very helpful and Getting benefits with the help of a home loan is very simple. A housing loan increases your investing ability and provides tax benefits such as tax deductions in the income tax return. The limit of interest you claim for […]
compare home loan offers from different lenders
How can I compare home loan offers from different lenders to find the best deal? There are many banks and housing finance companies that provide really attractive home loan schemes. Choosing among so many options can be a bit confusing for a home buyer. The lenders are trying their best to provide the best offers. […]
How do I determine the amount I can afford to borrow for a home loan?
How do I determine the amount I can afford to borrow for a home loan? Home loans are very helpful for a home buyer. It increases the investment ability of the home buyer. Loans are an accessory that affects the investments made by a person. In the real estate industry, Most properties are purchased with […]
What is home loan refinancing and when is it a good idea to consider refinancing?
What is home loan refinancing and when is it a good idea to consider refinancing? Home loan refinance is a process in which the home loan balance is transferred from one lender to another. This is useful in getting lenders with lower interest rates and better schemes. It saves the money spent on the higher […]
What is the process for applying for a home loan, and how long will it take to get approved?
What is the process for applying for a home loan, and how long will it take to get approved? A home loan is a very important accessory in getting your dream house. People usually get overwhelmed by thinking about the home loan process but the truth is that the home loan process is quite […]
What is a perfect credit score for a home loan ?
What is a perfect credit score for a home loan? A credit score is a very important factor in getting a home loan. It acts as proof of history and loan eligibility of the borrower. There is no exact number for the CIBIL score but a credit score of more than 700 is considered good […]
What is 5 C’s Credit ?
What is the 5 C’s Credit? The 5 C’s of credit are vital factors that are used to determine the worthiness of potential borrowers. This system is used by lenders also to determine the terms and rates of a loan. This system is very useful in the determination of things like the risk of a […]
How do I decide which lender to use?
How do I decide which lender to use? There are many banks and financing companies in the market and deciding the best lender for your needs might be a bit confusing for many borrowers. There are many mortgage brokers in the market who can aid you in getting a good mortgage loan. If you are […]
How much money should I save before buying a house ?
How much money should I save before buying a house? There are many questions that come up inside the mind of a person before buying a house. These doubts are the maximum in the case of first-time buyers. The most common of these doubts are about the sum of money a buyer should save before […]
